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FCA to Consult on Amendments to UK Listing Rules for Special Purpose Acquisition Companies

Given the increasing popularity of special purpose acquisition companies (SPACs) and the desire to retain London’s competitiveness in the IPO space, on 31 March 2021, the Financial Conduct Authority (FCA) announced its plan...more

M&A Pricing Structures in Uncertain Times

Locked-box pricing mechanisms in private merger and acquisition deals have been popular in recent years. The mechanism, in short, involves the buyer and seller agreeing on a fixed purchase price at the start of the...more

New FCA Measures to Aid UK-Regulated Market and SME Growth Market Companies

Recognising the vital role of capital markets in mitigating the effects of COVID-19, on April 8, 2020, the UK’s Financial Conduct Authority (FCA) announced additional primary market measures intended to aid companies listed...more

Breach of Fiduciary Duties by a Dissenting Director

The 15 February 2019 judgment in the case of Stobart Group Limited v William Andrew Tinkler [2019] EWHC 258 (Comm) raises “some elementary principles of corporate governance” and notably, some interesting themes regarding the...more

A Dividend Payment Can Constitute a Transaction Defrauding Creditors

Introduction - In light of the decisions made in the case of BTI 2014 LLC v Sequana SA [2019] EWCA Civ 112 (the Sequana case), consideration may need to be given to the interests of creditors when declaring a dividend....more

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